tomo logo

$549,900

Beds
5
Baths
3.0
sq ft
2,270

42174 Bancroft Way, Hemet, CA 92544

42174 Bancroft Way

Hemet, CA 92544

  • 67 days on market
    • Price drop $35,100↓
Welcome Home to 42174 Bancroft Way! Larger home in the Hemet area with about 5-bedrooms and three total bathrooms. Downstairs bedroom with a separate full bathroom. Home is 2,270 square feet and sits on a larger lot of over 8,700 square feet which includes spacious RV parking on the right of the property. Enter the home with a light and bright open concept entry to the formal Living Room / Dining Room area. Kitchen opens to the separate Family Room with a cozy fireplace and access to the covered patio backyard. Enjoy the great outdoor area and beautiful fruit trees. Ample laundry room located conveniently inside the home. Two car garage with newer roll up garage door and direct access. Newer replaced furnace and oversized AC unit and many other newer features, Kitchen and appliances, bathrooms and fixtures, plumbing, flooring, walls.... plus so much more newer upgrades. Come walk-through your next turn-key home!

Details

Property type

Single Family Residence

Est. home value

$495,722

Lot size

8,712 sq ft

Price per sq ft

$243

Year built

1989

Price History

05/29/2024
CRMLS

CRMLS #SR24084677

Price change
$549,900
-6%
04/30/2024
CRMLS

CRMLS #SR24084677

Listed
$585,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

High school district: 

Other

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$364,963
Asking price
$549,900
Closing costs (~8% of asking)
-$43,992
Est. remaining loan balance
-$140,945
Cash to seller
$364,963

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nations Direct Mortgage Llc

Loan start date

December 2017

Original loan amount

$162,000

Est. remaining balance

$140,945

Interest rate

3.9%

Loan type

New Conventional, 30 year

Seller

Mahmoud M Kateb and Karen Kadesha Kateb

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

CRMLS
$509,000
5 bd
|
2 ba
|
2,106 sq ft
|
House

324 Steiner Dr, Hemet, CA 92544

Price drop
CRMLS
$537,000
5 bd
|
2 ba
|
2,089 sq ft
|
House

574 Corkwood St, Hemet, CA 92543

CRMLS
$609,999
5 bd
|
4 ba
|
3,340 sq ft
|
House

27323 Stanford St, Hemet, CA 92544

Status: Active

Tomo last checked: 07/05/2024 at 7:45 PM

Listing updated: 05/31/2024 at 10:12 AM

Listed by: Bernard Kash, RE/MAX Gateway Phone #: (661) 702-4900

MLS: CRMLS #SR24084677

CRMLS logo

Recently listed in Hemet

$649,000|3 bd|2.5 ba|House
$499,999|3 bd|2.5 ba|House
$629,900|5 bd|3.0 ba|House
$495,000|4 bd|3.0 ba|House
$318,000|2 bd|2.0 ba|House
$179,900|2 bd|2.0 ba|Manufactured
$99,000|2 bd|2.0 ba|Manufactured
$519,900|4 bd|2.0 ba|House
$489,000|3 bd|2.0 ba|House
$87,500|2 bd|2.0 ba|Manufactured